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GABAX vs. VIG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between GABAX and VIG is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Performance

GABAX vs. VIG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Gabelli Asset Fund (GABAX) and Vanguard Dividend Appreciation ETF (VIG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

GABAX:

-0.34

VIG:

0.51

Sortino Ratio

GABAX:

-0.33

VIG:

0.83

Omega Ratio

GABAX:

0.94

VIG:

1.12

Calmar Ratio

GABAX:

-0.20

VIG:

0.55

Martin Ratio

GABAX:

-0.70

VIG:

2.22

Ulcer Index

GABAX:

11.06%

VIG:

3.68%

Daily Std Dev

GABAX:

21.15%

VIG:

16.09%

Max Drawdown

GABAX:

-58.01%

VIG:

-46.81%

Current Drawdown

GABAX:

-29.87%

VIG:

-4.57%

Returns By Period

In the year-to-date period, GABAX achieves a 3.49% return, which is significantly higher than VIG's 0.01% return. Over the past 10 years, GABAX has underperformed VIG with an annualized return of -3.27%, while VIG has yielded a comparatively higher 11.22% annualized return.


GABAX

YTD

3.49%

1M

6.76%

6M

-13.67%

1Y

-7.14%

3Y*

-2.83%

5Y*

0.57%

10Y*

-3.27%

VIG

YTD

0.01%

1M

5.72%

6M

-2.12%

1Y

8.21%

3Y*

11.70%

5Y*

13.51%

10Y*

11.22%

*Annualized

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Gabelli Asset Fund

GABAX vs. VIG - Expense Ratio Comparison

GABAX has a 1.33% expense ratio, which is higher than VIG's 0.06% expense ratio.


Risk-Adjusted Performance

GABAX vs. VIG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

GABAX
The Risk-Adjusted Performance Rank of GABAX is 77
Overall Rank
The Sharpe Ratio Rank of GABAX is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of GABAX is 77
Sortino Ratio Rank
The Omega Ratio Rank of GABAX is 66
Omega Ratio Rank
The Calmar Ratio Rank of GABAX is 88
Calmar Ratio Rank
The Martin Ratio Rank of GABAX is 88
Martin Ratio Rank

VIG
The Risk-Adjusted Performance Rank of VIG is 5757
Overall Rank
The Sharpe Ratio Rank of VIG is 5454
Sharpe Ratio Rank
The Sortino Ratio Rank of VIG is 5353
Sortino Ratio Rank
The Omega Ratio Rank of VIG is 5454
Omega Ratio Rank
The Calmar Ratio Rank of VIG is 6262
Calmar Ratio Rank
The Martin Ratio Rank of VIG is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

GABAX vs. VIG - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Gabelli Asset Fund (GABAX) and Vanguard Dividend Appreciation ETF (VIG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current GABAX Sharpe Ratio is -0.34, which is lower than the VIG Sharpe Ratio of 0.51. The chart below compares the historical Sharpe Ratios of GABAX and VIG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

GABAX vs. VIG - Dividend Comparison

GABAX's dividend yield for the trailing twelve months is around 0.38%, less than VIG's 1.82% yield.


TTM20242023202220212020201920182017201620152014
GABAX
Gabelli Asset Fund
0.38%0.39%0.33%0.18%0.33%0.31%0.42%0.35%0.15%0.78%0.40%0.27%
VIG
Vanguard Dividend Appreciation ETF
1.82%1.73%1.88%1.96%1.55%1.63%1.71%2.08%1.88%2.14%2.34%1.95%

Drawdowns

GABAX vs. VIG - Drawdown Comparison

The maximum GABAX drawdown since its inception was -58.01%, which is greater than VIG's maximum drawdown of -46.81%. Use the drawdown chart below to compare losses from any high point for GABAX and VIG. For additional features, visit the drawdowns tool.


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Volatility

GABAX vs. VIG - Volatility Comparison

The current volatility for Gabelli Asset Fund (GABAX) is 3.59%, while Vanguard Dividend Appreciation ETF (VIG) has a volatility of 4.25%. This indicates that GABAX experiences smaller price fluctuations and is considered to be less risky than VIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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